• Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt
No Result
View All Result
Card Bitcoin
Shop
Card Bitcoin
No Result
View All Result
Home Market & Analysis

Dogecoin (DOGE) Hints at Revival: Can It Defy The Odds?

n70products by n70products
December 24, 2024
in Market & Analysis
0
Dogecoin (DOGE) Hints at Revival: Can It Defy The Odds?
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Dogecoin dived towards the $0.2620 help towards the US Greenback. DOGE is now recovering losses and may achieve traction if it clears the $0.3350 resistance.

  • DOGE value began a restoration wave above the $0.30 degree.
  • The worth is buying and selling above the $0.320 degree and the 100-hourly easy transferring common.
  • There was a break above a connecting bearish pattern line with resistance at $0.3120 on the hourly chart of the DOGE/USD pair (information supply from Kraken).
  • The worth may achieve momentum if it clears the $0.3350 and $0.350 resistance ranges.

Dogecoin Value Recovers Floor

Dogecoin value began a contemporary decline from nicely above $0.3550 like Bitcoin and Ethereum. DOGE traded beneath the $0.3350 and $0.320 help ranges. It even spiked beneath $0.280.

A low was shaped at $0.2613 and the worth is now recovering losses. It recovered some factors and climbed above $0.300. It examined the 23.6% Fib retracement degree of the downward transfer from the $0.4095 swing excessive to the $0.2613 low.

There was a break above a connecting bearish pattern line with resistance at $0.3120 on the hourly chart of the DOGE/USD pair. Dogecoin value is now buying and selling above the $0.320 degree and the 100-hourly easy transferring common.

Instant resistance on the upside is close to the $0.3350 degree. The primary main resistance for the bulls may very well be close to the $0.3520 degree or the 61.8% Fib retracement degree of the downward transfer from the $0.4095 swing excessive to the $0.2613 low.

Dogecoin Price

The following main resistance is close to the $0.3750 degree. A detailed above the $0.3750 resistance may ship the worth towards the $0.3880 resistance. Any extra positive factors may ship the worth towards the $0.40 degree. The following main cease for the bulls could be $0.4120.

One other Decline In DOGE?

If DOGE’s value fails to climb above the $0.3350 degree, it may begin one other decline. Preliminary help on the draw back is close to the $0.30 degree. The following main help is close to the $0.2850 degree.

The primary help sits at $0.2620. If there’s a draw back break beneath the $0.2620 help, the worth may decline additional. Within the acknowledged case, the worth may decline towards the $0.250 degree and even $0.2320 within the close to time period.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now gaining momentum within the bullish zone.

Hourly RSI (Relative Power Index) – The RSI for DOGE/USD is now above the 50 degree.

Main Assist Ranges – $0.3000 and $0.2850.

Main Resistance Ranges – $0.3350 and $0.3500.



Source link

Tags: DefyDOGEDogecoinHintsOddsRevival
Previous Post

Is Ethereum Ready To Break Out? Key Indicators Suggest Strong Market Confidence

Next Post

Bitcoin Bull Cycle Remains Far From Over Despite Price Fall, Here’s Why

Next Post
Bitcoin Bull Cycle Remains Far From Over Despite Price Fall, Here’s Why

Bitcoin Bull Cycle Remains Far From Over Despite Price Fall, Here’s Why

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Product categories

  • Bitcoin Book
  • Bitcoin Coin
  • Bitcoin Hat
  • Bitcoin Merch
  • Bitcoin Miner
  • Bitcoin Miner Machine
  • Bitcoin Shirt
  • Bitcoin Standard
  • Bitcoin Wallet
  • Products
  • Uncategorized

Related News

XRP Breaks Multi-Year Resistance – Main Target Remains $2

XRP Breaks Multi-Year Resistance – Main Target Remains $2

December 1, 2024

Nyota Interop Recap ✨ | Ethereum Foundation Blog

August 12, 2024

Spot Ethereum ETFs Unlikely Get SEC Approval, Bitcoin Exchange-Traded Fund Issuers Warn

April 10, 2024

Recents

Sharplink’s $1B Ethereum bet: How it can change the game for ETH

Sharplink’s $1B Ethereum bet: How it can change the game for ETH

June 1, 2025
France Charges 25 Over Crypto Kidnapping Spree in Paris

France Charges 25 Over Crypto Kidnapping Spree in Paris

June 1, 2025
Bitcoin Sharpe Ratio Says It’s Time For ‘Cautious Optimism’ — Further Upside Growth Incoming?

Bitcoin Sharpe Ratio Says It’s Time For ‘Cautious Optimism’ — Further Upside Growth Incoming?

June 1, 2025

CATEGORIES

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

BROWSE BY TAG

Altcoin ALTCOINS Analyst Binance Bitcoin Bitcoins Blog Breakout BTC Bullish Bulls Coinbase Crash Crypto DOGE Dogecoin ETF ETH Ethereum Foundation Heres high hits Key Level Major Market Memecoin Move Outlook Predicts Price Rally Report SEC Solana Support Surge Target Top Trader Trump Updates Whales XRP

© 2024 Card Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt

© 2024 Card Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version